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Nov 3, 2012
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statistics on income inequality now suggest that inequality is higher in the united states than it is in egypt. that's quite a journey from where we were when i was growing up. >> right now i think it's where we're seeing the kind of better fruit of winner-take-all politics because thehi fincial of god or not an act work of nature. it was brought on by poor decisions that were made in washington and on wall street. yes, there's a glofl g dimensio of this but a big part of it was failures of domestic policy. if you look to our northern neighbor, canada, it had nothing like the same definition banking crisis as the united states did and that's a partly because it d much more effective regulations of the financial sector. you know over this period that we saw leverage and speculation increasing on wall street, washington, both democrats and republicans, were trying as hard as they could to allow wall street to do even more. s so winner-take-all polit has produced a winner-take-all economy, right? >> yes. >> yes. >> and the wisers are? >> the winners are those who've made outer so ll in this new e
statistics on income inequality now suggest that inequality is higher in the united states than it is in egypt. that's quite a journey from where we were when i was growing up. >> right now i think it's where we're seeing the kind of better fruit of winner-take-all politics because thehi fincial of god or not an act work of nature. it was brought on by poor decisions that were made in washington and on wall street. yes, there's a glofl g dimensio of this but a big part of it was failures...
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Nov 30, 2012
11/12
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this is the road map for egypt's future. and i think the heady first days of the revolution, many people imagine quite a sweeping overhaul of egypt's institutions. that's not going to happen. after a rather convoluted transition process and around pretty tight deadline the drafters have decided to start with egypt's former constitution and tinker with that. they didn't look around the world and find the best possible models and start from scratch and put something together. they've been sort of twisting and turning the old constitution to try to tweak it to work better and they have done some things that everyone here wanted. they're ending the old imperial presidency that hosni mubarak and his predecessors used to rule over egypt. they're barring torture, ending detention without trial. on a lot of other areas it's a little bit of a muddle. there are protections for individual rights but also rather expansive guarantees against insults of individuals or fro fetes or other icons that could clash with freedom of expression an
this is the road map for egypt's future. and i think the heady first days of the revolution, many people imagine quite a sweeping overhaul of egypt's institutions. that's not going to happen. after a rather convoluted transition process and around pretty tight deadline the drafters have decided to start with egypt's former constitution and tinker with that. they didn't look around the world and find the best possible models and start from scratch and put something together. they've been sort of...
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Nov 14, 2012
11/12
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egypt strongly condemns what israel is doing in gaza. this is an unacceptable act, and we deeply condemn it. >> what has changed since the war? the west and israel have lost their most reliable friend, and egypt's president mubarak. they saw him as an indispensable part of the solution at times like this. >> heightened tensions in the middle east tonight. in other news from around the world, the united nations secretary general ban ki moon has set a report on the failure to attack civilians. -- has said a report on the failure to attack civilians will have a profound impact. in iraq, simultaneous car bomb attacks across the country have killed at least 17 people. dozens were injured. the attack struck baghdad and other cities. it is not clear if the attacks are the work of one group. across europe, tens ofhousands have taken to the streets in protest of rising unemployment and government austerity measures. workers in spain, portugal, greece, and italy went out on strike. gary hewitt reports. >> hundred of thousands packed madrid to prot
egypt strongly condemns what israel is doing in gaza. this is an unacceptable act, and we deeply condemn it. >> what has changed since the war? the west and israel have lost their most reliable friend, and egypt's president mubarak. they saw him as an indispensable part of the solution at times like this. >> heightened tensions in the middle east tonight. in other news from around the world, the united nations secretary general ban ki moon has set a report on the failure to attack...
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Nov 24, 2012
11/12
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but today, they were aimed at egypt's new leader. in the coastal city of alexandria, opponents set fire to the offices of president mohammed morsi's political party, the muslim brotherhood. there and elsewhere in egypt today, the president's critics and supporters clashed in the streets over his decree yesterday exempting himself from judicial review, and giving him authority to take steps against "threats to the revolution." morsi, egypt's first freely elected president, took office in june. in recent days, he'd garnered worldwide praise for mediating a cease-fire between israel and hamas. today, he told a supportive crowd outside the presidential palace in cairo that granting himself sweeping powers was necessary to prevent figures from the old regime from halting progress. >> ( translated ): i haven't taken a decision to use it against anyone-- to go against anyone is something that i could never be associated with-- or announcing that i am biased towards anyone. however, i must put myself on a clear path that will lead to the ach
but today, they were aimed at egypt's new leader. in the coastal city of alexandria, opponents set fire to the offices of president mohammed morsi's political party, the muslim brotherhood. there and elsewhere in egypt today, the president's critics and supporters clashed in the streets over his decree yesterday exempting himself from judicial review, and giving him authority to take steps against "threats to the revolution." morsi, egypt's first freely elected president, took office...
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Nov 20, 2012
11/12
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a short while ago, i spoke with nancy youssef, mcclatchy newspapers' egypt correspondent. nancy yousef, welcome. tell us about those meetings going on in cairo. who is taking part? what's the latest? >> well, we heard a little bit about them today from the head of hamas. we've heard repeated suggestions that they're close to an agreement. we've heard this since saturday. it's being mediated by the egyptians by mohammed morsi and members of his cabinet. it's the first time he's had to negotiate something on this scale since winning the presidency in june. there's an israeli delegation here as well. the negotiations have been happening for a few days now. today we're hearing from people privately that there doesn't seem to be a particular sticking point but that both sides are... that's really being lost is the time that's having to happen between shuttling between two sides that won't face each other in the same room. remember though it's in everybody's interest to keep promising that this cease-fire agreement will come soon because of potential instability. if there isn't
a short while ago, i spoke with nancy youssef, mcclatchy newspapers' egypt correspondent. nancy yousef, welcome. tell us about those meetings going on in cairo. who is taking part? what's the latest? >> well, we heard a little bit about them today from the head of hamas. we've heard repeated suggestions that they're close to an agreement. we've heard this since saturday. it's being mediated by the egyptians by mohammed morsi and members of his cabinet. it's the first time he's had to...
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Nov 22, 2012
11/12
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there were a lot of doubts about how he would lead egypt? whether he would maintain the peace agreement with israel. he can be, based on this performance, i think an important partner for the united states. >> suarez: ambassador burns, hisham melhem, good to talk to you both. >> thank you upon >> brown: and now to the conflict in syria. nato said today that it would consider a turkish request to deploy patriot missiles to protect itself from syrian attacks. turkey and syria share a 560 mile border and after syrian mortar rounds landed in turkish territory, concerns have risen that the civil war fighting could spread further. in margaret warner's latest report, she examines the spill-over that's already happening. >> reporter: nestled up against the border with syria, ceylanpinar, turkey has an all- too-up-close view of the civil war next door, as fighting rages in its syrian twin city of ras- al-ain. for days last week on the syrian side, president bashar al assad's forces fought rebels of the free syrian army, or f.s.a., to control ras-al-a
there were a lot of doubts about how he would lead egypt? whether he would maintain the peace agreement with israel. he can be, based on this performance, i think an important partner for the united states. >> suarez: ambassador burns, hisham melhem, good to talk to you both. >> thank you upon >> brown: and now to the conflict in syria. nato said today that it would consider a turkish request to deploy patriot missiles to protect itself from syrian attacks. turkey and syria...
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Nov 21, 2012
11/12
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KQEH
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here is egypt. prior to the time that the new egypt emerged in the last years of the mubarak regime was playing less and less of a role within the region. now here we have president morsi even though he's a new egyptian president and the preoccupation is primarily internal and economic, the fact is he's the one who is brokering this... >> brown: is it even more than hillary clinton. you were saying she comes in and plays this role of sort of repository, but is it more the egyptians who are the power brokers here? >> yes. brown: really? ecause the egyptians have a relationship with hamas. what's interesting, notwithstanding that this is a new egyptian government that is dominated by theÑi muslim brotherhood and the muslim brotherhood has been fundamentally hostile to israel. to recognize where they are in the region, to recognize they have to preserve the peace treaty with israel, here they are brokering between hamas and israel. it's a new role for this government but it also shows that they're pla
here is egypt. prior to the time that the new egypt emerged in the last years of the mubarak regime was playing less and less of a role within the region. now here we have president morsi even though he's a new egyptian president and the preoccupation is primarily internal and economic, the fact is he's the one who is brokering this... >> brown: is it even more than hillary clinton. you were saying she comes in and plays this role of sort of repository, but is it more the egyptians who...
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Nov 16, 2012
11/12
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. >> brown: meanwhile, the new islamist president of egypt mohamed morsi denounced the israelis. and his government asked the u.s. to press for an end to the offensive. but the obama administration lined up with the israelis. state department spokesman mark toner said the u.s. believes israel has the right to defend itself. >> our position is clear that there's no justification for the violence that hamas and other terrorist organizations are employing against israel. and the onus is on them to cease their rocket attacks so that this de-escalation can take place. >> suarez: earlier, i spoke with the israeli ambassador to the united states michael oren to discuss the latest developments. ambassador, what's the latest from tel aviv? where the strikes accurate? have missiles actually hit the city and is anyone snurt >> thankfully nobody was hurt. the rockets struck in the greater tel aviv area. the alarms went off. the sirens, prime minister netanyahu was in the city at the time to a bomb shelter and now this simply means that 4.5 million israelis-- over half the population of the s
. >> brown: meanwhile, the new islamist president of egypt mohamed morsi denounced the israelis. and his government asked the u.s. to press for an end to the offensive. but the obama administration lined up with the israelis. state department spokesman mark toner said the u.s. believes israel has the right to defend itself. >> our position is clear that there's no justification for the violence that hamas and other terrorist organizations are employing against israel. and the onus...
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Nov 23, 2012
11/12
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"it could," he said, "but first we need to give thanks to president morsi of egypt." across gaza, he's something of a new hero, and they're even impressed in israel. the egyptian president right now the best hope for peacekeeping here. >> egypt was able to regain it's regional role as a regional player, mediating between the israelis and the palestinians in convincing both of them to reach a ceasefire agreement. in the city, the flags, the rallies, talking up victory. in the countryside, the hamas song is, we're going to bomb tel aviv. but away from politics, what about people, lives disrupted by all this? yesterday we filmed awad and his mum sabbah taking shelter in a school in gaza city. frightened, disorientated, a severely disabled boy caught up in all this. today, diplomacy had delivered. sabbah was at home with the family in atatrah. >> it's good that we're okay. i'm very happy i can't believe it, i'm shivering. that face, sabbah said, means he's feeling happy and safe, and with an arm's round from brother mahmoud, and no sound of an explosion. >> sreenivasan: i
"it could," he said, "but first we need to give thanks to president morsi of egypt." across gaza, he's something of a new hero, and they're even impressed in israel. the egyptian president right now the best hope for peacekeeping here. >> egypt was able to regain it's regional role as a regional player, mediating between the israelis and the palestinians in convincing both of them to reach a ceasefire agreement. in the city, the flags, the rallies, talking up victory....
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Nov 2, 2012
11/12
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now followed up by armed attack against egypt. the united states was not consulted in any way about any phase of these actions. nor were we informed of them in advance. >> president eisenhower sounding kind of mad, right? the u.s. had not been informed about the attack ahead of time. because ike had made clear to our allies, to england specifically, that he didn't want another big multi-country conflict in the world. he'd worked with the u.n. to keep that attack from happening. he had made his intentions clear and then england and france just went behind his back and did it anyway and they did it a week before he was facing re-election. >> president dwight d. eisenhower is re-elected to the highest office in the land as world peace faces the greatest crisis since the second world war. the electoral victory comes after a tumultuous campaign in which the major, domestic and foreign policies of this administration were put sharply an issue. >> especially that last week. dwight eisenhower ultimately pressured our allies to end that wa
now followed up by armed attack against egypt. the united states was not consulted in any way about any phase of these actions. nor were we informed of them in advance. >> president eisenhower sounding kind of mad, right? the u.s. had not been informed about the attack ahead of time. because ike had made clear to our allies, to england specifically, that he didn't want another big multi-country conflict in the world. he'd worked with the u.n. to keep that attack from happening. he had...
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Nov 17, 2012
11/12
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happened in southern egypt and appeared the railroad crossing wasn't closed as the train sped toward the bus and distraught family members at the scene are searching for loved ones. i'll send you back now to cavuto on business. i'm jamie colby. keep it on fox. >> neil: do you think the victims of sandy are fuming at fema now, with the cash dwindling they're prepared to ask for at taxpayer funded bailout and reports that fema and red cross workers in new york were shacking up in the swanky soho grand hotel in manhattan. at least they're getting a discount rate. $310 a night. the red cross footing the tab at $181,000 for their workers and charles doesn't like any of this. and my point on this, i tend to think they got us a bit too much bad press for this, they have to stay somewhere, but i have a problem with it when it's at the expense of folks who are affected by this. >> dave: right of course now they're talking about a bailout for fema, a bailout after katrina and never paid that back and whatever, 16 billion, the post office lost 16 billion. federal housing administration. >> neil
happened in southern egypt and appeared the railroad crossing wasn't closed as the train sped toward the bus and distraught family members at the scene are searching for loved ones. i'll send you back now to cavuto on business. i'm jamie colby. keep it on fox. >> neil: do you think the victims of sandy are fuming at fema now, with the cash dwindling they're prepared to ask for at taxpayer funded bailout and reports that fema and red cross workers in new york were shacking up in the swanky...
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Nov 19, 2012
11/12
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now we're seeing that egypt is continuing to play that role. obviously in public israel has a much different stance than -- i'm sorry, egypt has a much different stance. officials have come to gaza. they have publicly said they're standing shoulder to shoulder with hamas and the palestinian people. they've called israel's action acts of aggression, they've called on it to stop, but they are also playing a very significant role and they are the key brokers now with israel, and as far as we know, they've been sitting face to face with an israeli envoy to hammer out a cease-fire which includes hamas and all the other players in this region. so the u.s. appears to be quite satisfied with what egypt is doing. u.s. has said they don't want to see a ground war while constantly saying that they obviously support israel's right to self-defense. >> and christiane what about the palestinians on the west bank not aligned with hamas. what is the palestinian government saying there? >> reporter: well, you know, again, this whole situation is such an almighty
now we're seeing that egypt is continuing to play that role. obviously in public israel has a much different stance than -- i'm sorry, egypt has a much different stance. officials have come to gaza. they have publicly said they're standing shoulder to shoulder with hamas and the palestinian people. they've called israel's action acts of aggression, they've called on it to stop, but they are also playing a very significant role and they are the key brokers now with israel, and as far as we know,...
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Nov 15, 2012
11/12
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. >> and there is the concern of how egypt will react. what is the word there on how they are reacting? >> well, we already heard from egypt's president and the foreign minister. they have condemned the emergency meeting in the arab league to explore popular options. egypt says it will open the border with gaza to completely allow all wounded and injured and anybody else who wants to get out. we are getting initial reports that the prime minister may be leading a high delegation visit tomorrow. that would be unprecedented given the security situation here. >> a ayman, thank you so much. appreciate it. from the middle east to back home. let's take a look at what is happening this hour. the president will land in new york city within the next 30 minutes, where he will tour the damage done by superstorm sandy. he will be greeted by andrew cuomo and governor bloomberg. and there are two closed door meetings on the deadly attack on the u.s. consulate in benghazi. one is taking place with the house intelligence committee and the the other with
. >> and there is the concern of how egypt will react. what is the word there on how they are reacting? >> well, we already heard from egypt's president and the foreign minister. they have condemned the emergency meeting in the arab league to explore popular options. egypt says it will open the border with gaza to completely allow all wounded and injured and anybody else who wants to get out. we are getting initial reports that the prime minister may be leading a high delegation...
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Nov 21, 2012
11/12
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it is so interesting to watch the new egypt emerge here and see what their role will be throughout this and in the future. thank you, john. >>> let's look at where the markets stand right now. it is a good checkpoint here at about two minutes past 1:00 eastern time. industrials up 48 points at 12,835 and change. nasdaq higher by .5%, 2,924. s&p up 2 1/2 points at 1 $1,390.32. gold at $1,731 an ounce. oil moving a little bit higher. the january contract at $86.97, up 22 cents. brent crude at $109.93. michelle? >>> another international note on a store out of europe that we continue to watch as well. there are reports of a deal to release emergency aid to greece could come monday. we're also learning today the european central bank is satisfied with a plan to recapitalize greek banks. that's going to be a key part of any kind of international bailout to get that country back up on its feet. >>> now to shopping an retail. of course it takes center stage this week. before we get to what retailers are hoping for, fearful of, and promising for this crucial holiday shopping season, let's look
it is so interesting to watch the new egypt emerge here and see what their role will be throughout this and in the future. thank you, john. >>> let's look at where the markets stand right now. it is a good checkpoint here at about two minutes past 1:00 eastern time. industrials up 48 points at 12,835 and change. nasdaq higher by .5%, 2,924. s&p up 2 1/2 points at 1 $1,390.32. gold at $1,731 an ounce. oil moving a little bit higher. the january contract at $86.97, up 22 cents. brent...
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Nov 17, 2012
11/12
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CNN
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the historic ties between egypt and gaza in particular and egypt ruled gaza for something like 19 years or so. so, of course, there is a sense of outrage in egypt and anyway, we should remember it was never good between egypt and israel even under mub abak, but what the israelis now miss is sulaiman and the vice president of mubarak. he was tied to israeli intelligence. what kind of proximity and that kind of affinity is gone and what you have in hamas now is the sense that there is an islamist wage in the region and they see the islamist government in tunisia and they look around and see turkey hovering over the region with an islamist government and they feel the wind is blowing their way. >> do you think it is blowing their way? >> not at all because in the end the hamas people would be fooling themselves and the palestinians would pay the price for this kind of folly because the arab world is not going to march to the tune of hamas. the saudi monarchy, if you listen to what's happening and what's coming out of saudi arabia, the only thing the saudi monarch said was we need the rule
the historic ties between egypt and gaza in particular and egypt ruled gaza for something like 19 years or so. so, of course, there is a sense of outrage in egypt and anyway, we should remember it was never good between egypt and israel even under mub abak, but what the israelis now miss is sulaiman and the vice president of mubarak. he was tied to israeli intelligence. what kind of proximity and that kind of affinity is gone and what you have in hamas now is the sense that there is an islamist...
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Nov 20, 2012
11/12
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why did he go to egypt? after ousting hosni mo bark, negotiations are going on as we speak and i hope we will reach something soon that will stop the violence and counter-violence. the whole world is working on trying to deescalate this conflict. the european union weighed in today as did russia. russia preparing a u.n. resolution calling for a cease fire. probably our closest ally abroad in matters of war and peace is britain, and they are taking the same line as president obama, although they are being even more direct about it. the foreign secretary saying that hamas bares responsibility for what's going on, but he warns that "a ground invasion of gaza would lose israel a lot of the international support they have in this situation." a ground invasion is more difficult for the international community to sympathize with or support. so the world, at least the world of the united states and our allies is pretty much speaking with one voice here. israel, stop the ground work thing. that's the message from the
why did he go to egypt? after ousting hosni mo bark, negotiations are going on as we speak and i hope we will reach something soon that will stop the violence and counter-violence. the whole world is working on trying to deescalate this conflict. the european union weighed in today as did russia. russia preparing a u.n. resolution calling for a cease fire. probably our closest ally abroad in matters of war and peace is britain, and they are taking the same line as president obama, although they...
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Nov 18, 2012
11/12
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do you think the state of egypt is? are they there for the united states and israel? >> well, they are there, renal not the way it was before. but we have to live with the changes that have taken place. the egyptians are very much dependent on our assistance and our -- particularly in terms of military assistance. they don't want to see that disappear. they have absolutely no -- as far as kisee -- interest in witt would be a disaster for them. their economy is in shambles right now. they can't afford t. i think the egyptians are trying to be cooperative and helpful. even though they may not particularly like the israelis. >> jamie: knowing the middle-east as you do, ambassador, holding so many positions in the region, how much of this is a result of iran's hate for israel and the united states, just general hate and the buildup of weaponry that we suspect is going on? >> there is no question that iran is a provider of missiles to the palestinians, sudan is involved in the -- in the linkage, the way of the missiles are -
do you think the state of egypt is? are they there for the united states and israel? >> well, they are there, renal not the way it was before. but we have to live with the changes that have taken place. the egyptians are very much dependent on our assistance and our -- particularly in terms of military assistance. they don't want to see that disappear. they have absolutely no -- as far as kisee -- interest in witt would be a disaster for them. their economy is in shambles right now. they...
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Nov 18, 2012
11/12
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. >> gregg: and christmas in egypt. a christians in egypt have a new leader. we have a video of the elaborate ceremony. >> heather: and weeks after super storm sandy how is lower manhattan recovering from the devastation. anna is there and has the answer for us. >> reporter: the cleanup continues, many businesses and residential towers are using generators for power and pumps to get the water out. some have not reopened yet. we will hear from a business owner and community leader after this break. [ mother ] you can't leave the table till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer lease a 2013 glk350 for $399 a month at yo
. >> gregg: and christmas in egypt. a christians in egypt have a new leader. we have a video of the elaborate ceremony. >> heather: and weeks after super storm sandy how is lower manhattan recovering from the devastation. anna is there and has the answer for us. >> reporter: the cleanup continues, many businesses and residential towers are using generators for power and pumps to get the water out. some have not reopened yet. we will hear from a business owner and community...
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Nov 24, 2012
11/12
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egypt needs american capital. egypt needs the united states to help persuade other countries and coordinate other countries giving money to egypt to help the economy, and these kinds of steps makes it harder for the united states to do that. i think mohamed morsy understands that. i think he's looking at the u.s. reaction. and i think a measured but strong response is better than trying to shift the tides of history because i think ultimately, you can't shift tides but you can do a constructive set of steps that help people think more clearly about what they're doing. >> i know we're bouncing around a bit but i want to talk more about what's happening on the border with gaza and israel. this week, when the leader of hamas said that israel waved the white flag, he also said he was grateful to iran for their support. what is iran's role moving forward? >> well, nobody really knows that. i think if you thought that you saw spin rooms after the presidential debates i think you're seeing much more high-powered spin roo
egypt needs american capital. egypt needs the united states to help persuade other countries and coordinate other countries giving money to egypt to help the economy, and these kinds of steps makes it harder for the united states to do that. i think mohamed morsy understands that. i think he's looking at the u.s. reaction. and i think a measured but strong response is better than trying to shift the tides of history because i think ultimately, you can't shift tides but you can do a constructive...
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Nov 24, 2012
11/12
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clones the revolution -- who owns the revolution in egypt? after long period of gestation, they produced this president. for the secular forces, it is a revolution hijacked, stolen. all revolutions have this kind of disappointment, and we have to concede that the people who came together some 22 months ago or so have the right to feel disappointed. >> lots of anger on the streets, but also some people supporting this move. how divisive is this going to be? >> let's remember that when morsi won the presidency, it was like 51%-48%. two figures contested the presidency. one was a figure of the old regime and one was morsi. all the other forces divided themselves among the liberal candidates. he gave a speech laced with religion. he is a man of the muslim brotherhood. i think it is a complicated package now brings to the floor. e, he has given the crowd some of what they want. he sacked a very bad prosecutor and brought in a man who is a very good judge to complete the transition. >> what do you make of the timing of what he has done, coming on t
clones the revolution -- who owns the revolution in egypt? after long period of gestation, they produced this president. for the secular forces, it is a revolution hijacked, stolen. all revolutions have this kind of disappointment, and we have to concede that the people who came together some 22 months ago or so have the right to feel disappointed. >> lots of anger on the streets, but also some people supporting this move. how divisive is this going to be? >> let's remember that...
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Nov 15, 2012
11/12
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egypt today condemned this action by the israelis. the question is what else will egypt do? we will have continuing coverage of the situation there. mideast security expert joins us live to explain the implications of the action there today, where the united states stands on it. and president obama visited some of the people after -- still hurting after hurricane sandy. we'll hear from him and one of the people dealing in the aftermath. the crisis in israel, and the crisis in the aftermath of the storm, those are both coming up. >>> continuing to watch live images coming in from the gaza. this is 10:23 p.m. obviously it is hours later there and night fall has been with them for many hours. our correspondent mentioned that the israeli air force are flying this, and they have hit a lot of targets today. the question is what happens with ground troops. let's bring in the former intelligence officer of defense. mike, good of you, thank you. let's start with the ground troops. it is one thing to uh mass them and another to send them. >> it is, but are you talking about 30,000 res
egypt today condemned this action by the israelis. the question is what else will egypt do? we will have continuing coverage of the situation there. mideast security expert joins us live to explain the implications of the action there today, where the united states stands on it. and president obama visited some of the people after -- still hurting after hurricane sandy. we'll hear from him and one of the people dealing in the aftermath. the crisis in israel, and the crisis in the aftermath of...
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Nov 27, 2012
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the cover of the egypt daily news website today proclaimed egypt's new pharaoh. a chip off the old mubarak block. and morsi, lincoln in deguise or another mubarak. and the stock market didn't think this was a good move either. it plunged 10%. stocks opened down today and barely moved up by the end of the day. so this new president in egypt in which the united states has placed so much hope, starting to look too much like the dictator he replad and is he the leader of an islamist government that will become more and more extreme, threatening america? on the phone with us tonight, the founder of egypt's freedom party and ed hussein joins me here. ed, i want to start with you. morsi was credited with brokering that cease fire between israel and hamas. it seems within hours, he swept away with all these powers, saying his word will ride over judges. was he taking advantage of his success? >> without doubt, he knew he had enough political capital to make this move and just before, he had signed a deal with the imf for a $4 billion loan program. he thought he had enoug
the cover of the egypt daily news website today proclaimed egypt's new pharaoh. a chip off the old mubarak block. and morsi, lincoln in deguise or another mubarak. and the stock market didn't think this was a good move either. it plunged 10%. stocks opened down today and barely moved up by the end of the day. so this new president in egypt in which the united states has placed so much hope, starting to look too much like the dictator he replad and is he the leader of an islamist government that...